In good times or hard times, lawyers always win.Revenues at the top 100 firms rose to $131 billion in 2022, the most recent year available, from $7 billion in 1986, a 19-fold increase, according to American Lawyer. Profit margins never fell below 35% in even the worst years and hit a record 45% in 2021. For comparison’s sake, Apple’s operating margin last year was 34%.Now lawyers are winning the office-space game, too: Law firms are historically reliable but not exactly sexy as office tenants, especially compared to the flashier and pricy deals in recent years signed by tech and finance companies. But several of the biggest deals over the last year involve law firms, and with Manhattan office landlords scrambling for tenants, members of the bar are enjoying their unlikely new status as belles of the ball.“It’s nice that the Knicks are good again because brokers are inviting me to all the games,” said one partner in charge of his firm’s real estate needs.Law firms typically don’t pay top-dollar rents, or seek out penthouse space, but they soak up space in the middle or lower floors of buildings, helping landlords balance their books. At 55 Hudson Yards, a 51-story tower, the top three floors are leased by hedge fund Third Point at $137 a square foot, according to KBRA data. Below that comes private equity firm Silver Lake, paying $111 per square foot under a lease inked in 2017. Next comes the law firm Milbank Tweed, which signed a lease in 2016 and pays $90 a square foot... Continue reading at 'Crains New York'
[ Crains New York | 2024-03-21 10:03:05 UTC ]
Find out how some libraries are shifting summer reading programs into digital spaces, maintaining their communities, and learning from the process. Continue reading at Book Riot
[ Book Riot | 2020-05-26 10:33:13 UTC ]
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Italy, the first Western country to be ravaged by coronavirus, has further eased its two-month-long lockdown, allowing everything from museums and libraries to sit-down dining and hairdressers to reopen leaving businesses to grapple with radical... Continue reading at CBC
[ CBC | 2020-05-25 08:00:00 UTC ]
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BookExpo Online's first full day of programming begins with a panel featureing five library leaders who will take stock of how libraries are handling the coronavirus pandemic thus far and how the public library might change in the wake of the Covid-19 crisis. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
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New research from application security specialist Veracode finds seven in 10 applications have a security flaw in an open source library on initial scan, highlighting how use of open source can introduce flaws, increase risk, and add to security debt. The study analyzed the component open source... Continue reading at Betanews
[ Betanews | 2020-05-19 09:57:36 UTC ]
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Shelter in place orders throughout the country haven’t just brought the economy to a grinding halt, but frozen civic infrastructure as well. Sure, water still flows from our taps, police and firefighters are still on the job, but your local library l... Continue reading at Engadget
[ Engadget | 2020-05-11 15:00:59 UTC ]
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From hip hop to Yiddish works to sourdough starter, explore some of the most niche libraries and collections found on the globe and online. Continue reading at Book Riot
[ Book Riot | 2020-05-11 10:32:24 UTC ]
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These were the most popular books in libraries to kick off 2020. What have you read? Missed? Want to pick up from your library or bookstore next? Continue reading at Book Riot
[ Book Riot | 2020-05-08 10:32:36 UTC ]
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If the combined libraries of Steam, Xbox Game Pass, Stadia (now with wireless controller support on PC) and all the rest just aren’t enough for you, Dan Cooper has a recommendation: spreadsheets. His latest obsession is a browser-based version of the... Continue reading at Engadget
[ Engadget | 2020-05-06 11:33:37 UTC ]
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As coronavirus-related economic aid is released in Italy, publishers, libraries, and booksellers are asking for a cultural-spending incentive for families. The post Coronavirus: Italian Publishers Join Libraries and Booksellers in Appeal appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-04-29 13:42:24 UTC ]
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Many lives are radically different right now. But birthdays, anniversaries, and public holidays come and go as before. The pink supermoon would have appeared whether we’d watched it from our windows or outdoors among a crowd of strangers. This week, Earth Day, Shakespeare’s birthday, and World... Continue reading at British Council global
[ British Council global | 2020-04-24 14:34:13 UTC ]
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William H. Ukers, not much over thirty, started working on his book in 1905, traveling and gathering material for a year. After he returned home to New York, he scoured nearby libraries and museums. Wherever he couldn’t go himself, he sent auxiliaries, appointing research assistants to mine... Continue reading at Literrary Hub
[ Literrary Hub | 2020-04-24 08:48:46 UTC ]
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Arts Council England (ACE) has announced a £151,000 investment into library services to buy e-books and digital audio products. Continue reading at The Bookseller
[ The Bookseller | 2020-04-22 23:20:53 UTC ]
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Learn about the Library Bill of Rights, with explanations and examples of how library users might apply them in their own use of their libraries and more. Continue reading at Book Riot
[ Book Riot | 2020-04-20 10:32:09 UTC ]
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It’s no surprise that people read a lot when stuck at home. But novels are more than a way to kill timeIt’s no surprise that keen readers have looked to books for historical analogues or literary insights into the coronavirus outbreak. Sales of the English translation of Albert Camus’s 1947... Continue reading at The Guardian
[ The Guardian | 2020-04-19 17:25:44 UTC ]
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As quarantine continues, we’re all noticing that we respond to lockdown differently. While many spend each day providing care, food and other necessities, those of us privileged enough to be 'stuck at home' are seeing our friends’ and family members’ behaviour change under the new... Continue reading at British Council global
[ British Council global | 2020-04-17 15:42:05 UTC ]
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The value of public libraries is rarely questioned in times of crisis—think of the New Orleans Public Library after Hurricane Katrina, or the Ferguson Municipal Public Library during the unrest there. But this crisis is different. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-17 04:00:00 UTC ]
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The Bookseller's Library of the Year Award is returning for a third year, celebrating the vital contribution libraries make to their communities—despite the temporary closure forced on public library buildings during the coronavirus lockdown. Continue reading at The Bookseller
[ The Bookseller | 2020-04-16 03:38:23 UTC ]
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It feels slightly strange to be writing this introduction to the Books from Scotland special as the world, and the world of Scottish books, has changed greatly, perhaps even irrevocably, since we started planning these features some months ago. The impact the coronavirus will have on Scottish... Continue reading at The Bookseller
[ The Bookseller | 2020-04-15 21:22:05 UTC ]
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Even when shuttered by the coronavirus pandemic, libraries are coming up with creative ways to serve their communities. On March 16, the El Dorado County Library in California closed its doors to patrons after a state-wide stay-at-home order. But that hasn’t stopped the library, which serves... Continue reading at Fast Company
[ Fast Company | 2020-04-15 07:00:32 UTC ]
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Though many public libraries in the U.S. are completely shut, employees at some are concerned that they have been asked to continue showing up for work. Continue reading at The New York Times
[ The New York Times | 2020-04-14 23:04:05 UTC ]
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